Red Hill Village Shopping Centre is being offered for sale with 7 individually titled and leased shops being sold as one. Unlock a lucrative investment opportunity with this recently fully refurbished centre, featuring prime tenants secured under long-term leases. With a strong rental history and high demand in the area, this property promises not just stability but significant growth potential. The property occupies a central location among wineries and boutique accommodation with numerous produce-based tourism and hospitality venues nearby. This boutique and tightly held location is zoned C1Z, and there is on-site parking accessible from both Shoreham Road and Baynes Road Additional notes; Total gross income over $250,000* plus GST annually. Net income $170,781* plus GST and outgoings annually. Land tax (single holding basis): estimated less than $225* pet lot per annum. Depreciation allowances: available if applicable. Land size: 1680m2 (approx.) Building area: 576m2 (approx.) *estimates
Email enquiry to Jacobs & Lowe - MORNINGTON
Properti ID: 504698324